Toll free
(855) 376-3478

What is your Farm Worth?

FREE EVALUATION

Learn your farm's value quickly

Farmland Listings & Auctions | Farms For Sale    
Auctioneers | Land Brokers | Real Estate

DreamDirt’s Blog

Powerful Information, Successful Transactions in Agriculture

Farmland Auction Prices in Iowa September 2017

Iowa Farmland Auction Prices for September 2017

September 2017 brought about a higher volume of farmland sales across the state of Iowa compared to what we have been seeing through the Summer.  As we get into harvest the volume of land sales tend to pick up every year because of Iowa’s farm tenancy laws and its a very natural time for most to sell a farm once the crop has been removed.

Iowa’s farmland prices remain very strong in September with a continued slight weakening for farms with  lower quality soils or higher ratio of non productive acres but quality tillable farmland has held its strength statewide and especially in areas where there have been few land sales in the last 18-24 months.  Sioux County topped the charts this month at $15,600 per acre on a 91 CSR2 farm in extreme northwest Iowa but in extreme Southeast Iowa all the way across the state Henry County came in 2nd place with a $15,000 sale on a 40 acre parcel with development potential and a CSR2 of 69.8 at $15,000.  Guthrie this month was a strong indication of investor demand with disclosed prices and buyers on 3 of the sales achieving up to $14,000 per acre which came down to a competition with an investor winning.  In the other 2 auctions investors were successful in another of the auctions.  Guthrie County had not seen anything for sale in almost 18 months which led to good demand in the county.

Iowa farmland pricesIowa Farmland Price Outlook

Moving forward we expect farmland prices to remain steady or at least on the same course they are.  We do see waning demand among farmers where land has been more available and increasing demand from investor types.  October looks to again have a decent supply of land coming on the market at auction and some November December sales are starting to hit auction calendars across the state as well.  We have held that land prices will be at least partially attributable to the supply available and so far supply has not outpaced demand.  A weaker farm economy is leading to a situation that could potentially add supply to the market from farmers with cash flow problems and we can see that farmers debt to income ratios are starting to move to a more negative position.

The September farmland auction results are below.  You can always find Iowa Farmland Prices on our Dollars And Dirt website as they happen each month or look here for summaries each month.

Thinking about selling a farm in Iowa?

TEXT the word FARMLAND to 313131 to be notified of future farmland price reports from DreamDirt.

Our marketing system at DreamDirt will help you insure that your farm is properly exposed nationwide with the latest in technology available to our sellers.  Get a free market analysis first then lets talk about the best way to sell your farm.

 

AUCTION DATE COUNTY LAND TYPE ACRES $ PER ACRE CSR2 TILLABLE ACRES
09/01/17 Hardin County Tillable 95 $8,000 88 82.24
09/01/17 Audubon County Tillable 100 undisclosed 72.6 89.68
09/01/17 Audubon County Tillable 80 undisclosed 68.1 76.05
09/02/17 Dickinson County Tillable 40 $12,100 84.8 37.6
09/05/17 Sioux County Tillable 79.38 $15,600 91 75.57
09/06/17 Buchanan County Tillable 120 no sale 89 114.22
09/06/17 Osceola County Tillable 156.41 $12,900 95 151.4
09/07/17 Jasper County Tillable 277 $8,700 85.1 265.9
09/07/17 Jasper County Tillable-Pasture 235 $4,302 61.4 182.15
09/07/17 Madison County Recreation 20 $4,750 0 0
09/07/17 Madison County Tillable 185 no sale 61.4 122.5
09/08/17 Story County Tillable 119 no sale 83.7 117.1
09/08/17 Marion County Tillable 105.8 $7,600 82.2 92
09/08/17 Jefferson County Tillable 139.14 $5,400 71.1 124.3
09/08/17 Jefferson County Tillable 119.87 $6,200 73.9 108.7
09/08/17 Jefferson County Tillable-CRP 59.44 $4,600 64.6 47.1
09/08/17 Jefferson County CRP 20.01 $3,350 62.8 15.27
09/08/17 Jefferson County CRP 79.49 $4,150 58.3 63.72
09/08/17 Sioux County Tillable 69.88 $13,200 93.5 72.12
09/08/17 Sioux County Tillable 64.93 $13,150 93.5 59.98
09/08/17 Winneshiek County Tillable 173 $7,168 71.8 148
09/08/17 Clay County Tillable 158.5 $4,100 78.3 69.16
09/09/17 Pottawattamie CRP 129 $5,200 70.2 120.73
09/09/17 Pottawattamie Tillable-Pasture 43 $6,100 61.1 23.85
09/09/17 Jefferson County Tillable 31 $3,600 60.6 25
09/11/17 Floyd County Tillable 80 $9,400 92 77.8
09/12/17 Sac County Tillable 69.7 $8,300 87.4 68.57
09/12/17 Sac County Tillable 147.3 $6,250 86.7 131.9
09/12/17 O’Brien County Tillable 80 $11,100 97 77
09/12/17 O’Brien County Tillable 78 $11,100 97 77
09/12/17 O’Brien County Tillable 79 $12,000 97 78
09/13/17 Butler County Tillable 160 $8,750 84 153.4
09/13/17 Butler County Tillable 15 $4,000 N/A 0
09/13/17 Lee County Tillable 80.43 $9,700 61.1 70.79
09/13/17 Lee County Tillable 51.94 $7,700 60.3 53.19
09/14/17 Webster & Calhoun Tillable 88.34 $8,700 84.1 89.21
09/14/17 Webster & Calhoun Tillable 26.06 $8,500 81.8 25.6
09/14/17 Webster & Calhoun Tillable 35 $6,300 76.7 32.65
09/14/17 Poweshiek County Tillable-Pasture 160 $4,450 69.5 143.87
09/14/17 Madison County Tillable 34.97 $4,100 79 20.37
09/14/17 Madison County Tillable-Pasture 80 $3,400 46.9 53.29
09/14/17 Cedar County Tillable 207 $7,400 73.1 151
09/14/17 Greene County Tillable 146.84 $10,000 86.5 142.94
09/14/17 Greene County Tillable 39.55 $10,750 86.7 39.21
09/14/17 Greene County Tillable 40 $10,600 85 37.64
09/14/17 Greene County Tillable 40 $12,100 87.8 37.86
09/15/17 Clayton County Tillable 107 $9,346 60.7 104
09/15/17 Calhoun County Tillable 80 $8,300 87.5 79
09/15/17 Calhoun County Tillable 80 $9,050 87.5 79
09/15/17 Henry County Development-Tillable 38.49 $15,000 69.8 38.28
09/16/17 Chickasaw County Tillable 97.28 $8,772 83.9 90.7
09/16/17 Mahaska County CRP 92 $2,150 46.7 39.64
09/19/17 Pocahontas County Tillable 171.8 $8,800 84.3 167
09/19/17 Polk County Development-Pasture 22.6 $8,500 0 0
09/19/17 Polk County Tillable 74.4 $5,000 46.2 46.2
09/19/17 Greene County Tillable 80 $10,700 85.7 78.53
09/19/17 Cedar County Tillable 38 $11,100 92.9 38
09/19/17 Cedar County Tillable 70 $11,000 90.4 68.7
09/19/17 Winnebago County Tillable 154.87 $7,350 81 150.9
09/20/17 Palo Alto County Tillable 158 $6,450 74.6 147.89
09/20/17 Cerro Gordo County Tillable 80 $7,250 78.1 72.1
09/21/17 Washington County Tillable 159 $8,750 75.7 152.85
09/21/17 Greene County Tillable 166.79 $4,500 45.9 84.3
09/21/17 Greene County Tillable 234 undisclosed 85 212.79
09/21/17 Union County Pasture 75 $2,350 58.9 0
09/21/17 Louisa County Tillable 59 $9,100 96.6 58.5
09/21/17 Louisa County Tillable 53 $7,600 90.3 51
09/21/17 Buchanan County Tillable 160 $9,350 82.3 155.83
09/21/17 Allamakee County Recreation 28 $5,150 0 0
09/21/17 Allamakee County Tillable 43 $6,100 60 41.8
09/21/17 Allamakee County Tillable 61.5 $4,400 60 46.53
09/21/17 Allamakee County Recreation 100 $3,400 0 0
09/21/17 Allamakee County Recreation 7.6 $3,947 60 7.2
09/21/17 Taylor County Tillable 232 $3,775 54 201.91
09/21/17 Page County No Sale 174.25 $3,000 63.7 23.24
09/21/17 Page County Recreation 29.73 $3,700 n/a 3.92
09/21/17 Guthrie County Recreation 73 undisclosed n/a 20
09/22/17 Sioux County Tillable 155 $10,500 89.3 148.06
09/22/17 Buchanan County Tillable 136 $9,100 79.6 127.5
09/22/17 Buchanan County Tillable 80 $12,000 88.5 75.9
09/22/17 Guthrie County Tillable 208.47 $14,100 86.8 208.47
09/25/17 Guthrie County Tillable 38 $6,630 70.4 24.87
09/25/17 Guthrie County Tillable-CRP 130.63 $4,896 56.4 111.36
09/26/17 Osceola County Tillable 137 $6,750 84.4 123.52
09/27/17 Buena Vista County Tillable 36.37 $10,000 87.7 34.8
09/27/17 Buena Vista County Tillable 151.03 $9,150 81.9 147.9
09/27/17 Buena Vista County Tillable 296.82 $8,600 83.4 291.4
09/27/17 Buena Vista County Tillable 120 $7,100 76.9 117
09/27/17 Buena Vista County Tillable-CRP 193.32 $7,600 84.5 191.2
09/27/17 Buena Vista County Tillable 73.03 $9,375 87.3 69.9
09/27/17 Polk County Tillable 158 $4,557 62.9 99.9
09/28/17 Cedar County Tillable 295.03 $8,700 81.6 271
09/29/17 Fremont County Tillable 157 $6,000 75.8 138.33
09/29/17 Fremont County Tillable 110.1 $6,150 72.8 96.36
09/30/17 Appanoose County Tillable-Pasture 144 $12,600 68.8 100
09/30/17 Crawford County Tillable 238 $5,000 55.6 236.23

 

DreamDirt Farm and Ranch Real Estate, LLC is a licensed real estate broker and Auction Company in Iowa specializing in farmland and hunting land sales.  We also serve Nebraska, Missouri, Minnesota and North Dakota.  You can call us at 855-376-3478 or email info@dreamdirt.com

Want to start the process of selling a farm with DreamDirt? Get a free Market Analysis first.
This entry was posted in Uncategorized and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink. Follow any comments here with the RSS feed for this post. Both comments and trackbacks are currently closed.